Cryptocurrency Contents Archive

Is there an amount of money that would make you leave the crypto forever?

If you were to get money under the condition that you have to leave to leave crypto for good and never ever invest anything nor use it ever again nor may you use anything slightly related to crypto... how much money you're willing to accept these terms? For me that must be at least $10,000,000. In my opinion, crypto will be essential part of the future. Denying it is like denying the internet. Can you live without the internet? Yes of course, but without it the quality of life would be very low for you. Every part of life is connected to the internet: - health care, entertainment, financials, intrastructure and so on... All these will be implemented into crypto in the (far?) future, I think. So what it is worth for you to deny all these?

Bitcoin for kids Credits to: BitcoinClipped

The founder of the most popular green frog coin had a twitter space and it was bad *content warning*

I am NOT KIDDING this is some of the ramblings of the FOUNDER OF a green frog coin. Excuse the language but this is verbatim. Things covered in the founder of the said green frog coin (@Pauly0x) twitter space: 1. Degradation of women 2. “F\*ck Elon” “Elon will fud "green frog coin" because he likes $doge” 3. “F\*ck CZ” “CZ is my b\*tch” 4. “I will literally cut your d\*ck off” 5. “I will kill you” 6. And other unpleasant things around the topic of r\*pe I can link to part of the original space, as I only recorded a portion of the whole space.

Ethereum Gas Fees are too damn high!

Just went to stake some more ETH onto Lido and noticed that to do so would cost me around $50 in gas fees. It's insane that these prices are happening because of the meme coin fiasco! I assume this has to do with PEPE coin but surely this isn't a great indicator for crypto if something like this hype can essentially ruin the process for people doing something entirely different? Does anyone have any experience of this beforehand and any way to lower it down to the usual $5ish gas fees I've been paying over the last few months. I want to keep staking while I can and these gas fees completely ruin my DCA. Always been a big believer in crypto but seeing something like this happen really makes me apprhensive for the future. In the near term at least. Someone tell me it's all going to be ok haha

MicroStrategy has bought around 16% of all Bitcoin created since their first purchase

Their first purchase was 250 million USD worth of Bitcoin back on 11th of August 2020. Since then they have accumulated 140 thousand Bitcoins. https://preview.redd.it/zxu8zbeom9ya1.png?width=674&format=png&auto=webp&v=enabled&s=482d800b85dc3d725133e0e7e2b414ef67e560ef On the day Michael Saylor's company bought first Bitcoins, Bitcoin's total mined supply was 18.46 million and on this day total mined supply stands at 19.36 million. So this means in this time period another 900 thousand Bitcoins has been created, aka mined. Meaning Microstrategy's purchase of 140k Bitcoins in this time period is equivalent to around 16% of all the Bitcoin mined since then. And that's just one company. https://preview.redd.it/rtmpzddxm9ya1.png?width=1046&format=png&auto=webp&v=enabled&s=2f68ecb38f0fe84f5999ead991dd41fb662b60f2

1,695,572,371 Shiba Inu Vanishes in Just 24 Hours As SHIB Burn Rate Explodes by Over 50,000% - The Daily Hodl

How would your investment strategy change if you had $100,000 to invest in crypto vs. $1,000, and vice versa? Why?

The numbers are kind of arbitrary, but I’m curious to see how peoples’ strategies would change if you suddenly came into a significant amount more than you’re used to working with, as well as if you suddenly didn’t have near as much to work with. I see a lot of people saying that if they had a lot more to invest, they’d throw money into high risk projects and long shots, just because they can. While others with less to invest are much more deliberate about actually trying to invest wisely. It seems like the more money is available to invest, the more “ok” it becomes to make a poor decision, while the opposite is true when less money is available. Would your strategy remain the same (10% here, 20% there, etc.) or would it change? Would your risk appetite be influenced by how much or little you have to spend? Why?

Terra Founder Do Kwon Faces 40 Years in Jail If Convicted, South Korean Prosecutor Warns

What indicates the beginning of a bull market?

What do you think that indicates that a bull market is about to start? We’ve seen some meme coins/shitcoins blowing up recently, which caused a huge spike in ethereum gas fees, which is something that usually happens only during bull markets. At the moment, we clearly aren’t in a bull market and nobody knows when is it going to begin. Is it going to be this year? Next year? I started investing during mid 2022, right before eth fell to less than $1000, so I’ve never experienced any bull markets yet, that’s why I’m looking forward to hear your opinions on how most bull markets begin!

Whatever you do, just don't fucking dance.

So with the news of more banks in trouble, I'm seeing a whole lot of smugness on this sub. I think we're forgetting how tremendously difficult the average person's life is gonna get if more of these dominoes start to fall. Yes, crypto is a great hedge against inflation. Yes, the decentralized nature of crypto is the perfect remedy against what we're seeing play out. Yes, there'll be big influx of new investors in this space and this could be a catalyst for greater adoption. But the ramifications of all these banks collapsing is lost on us, I feel. And even more so on the Average Joe and their families not in crypto. Hardworking individuals, living paycheck to paycheck in an already hellish, toxic working environment. We need to be better than this or we're no better than those bwankers popping champagne bottles off balconies in '08.

Biden is pushing a huge tax on crypto. It could backfire spectacularly

Want to be a Crypto millionaire? Create a shit coin of a meme!!

You don’t even have to be a decent person!!! In fact bonus points for the more degen you get. The thing about Crypto I absolutely hate is that anyone can create a coin, promote it (can even skip this sometimes) and just hope people keep coming to your masterful rug project like a moth to a flame. Billions and billions of dollars have been and are actively being wiped through these projects that die within a very short period or are straight rug pulled by the devs. DONT FOMO into the new trendy coin and if you really really want to put an amount which you consider as lost and take out when you can.

Gary Gensler SHUT DOWN in Congress for LACK of Crypto Regulations.

Ethereum Gas Fee Surges to 12-Month High as meme Frenzy Grips Market

How a Digital Artist Used Chat GPT to Create a $50M Meme Coin